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2017-29785 Reso 2017-29785 RESOLUTION NO. A RESOLUTION Of THE MAYOR AND CITY COMMISSION Of THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE CITY MANAGER, PURSUANT TO REQUEST FOR QUALIFICATIONS (RFQ) NO. 2016-152-WG FOR REAL ESTATE BROKERAGE SERVICES; AUTHORIZING THE ADMINISTRATION TO ENTER INTO NEGOTIATIONS FOR AN AGREEMENT WITH EACH OF THE PROPOSERS, CBRE, INC. AND THE KONIVER STERN GROUP; AND FURTHER PROVIDING THAT ANY FINAL AGREEMENT WITH EACH OF THE FIRMS SHALL BE SUBJECT TO PRIOR APPROVAL OF THE MAYOR AND CITY COMMISSION. WHEREAS, on July 8, 2016, the Mayor and City Commission approved the issuance of Request for Qualifications (RFQ) 2016-152-WG for Real Estate Brokerage Services; and WHEREAS, the RFQ was issued on July 14, 2016 with an opening date of August 30, 2016; and WHEREAS, a voluntary pre-proposal meeting was held on July 27, 2016; and WHEREAS, on August 30, 2016, the City received a total of two (2) proposals; and WHEREAS, on August 29, 2016 the City Manager via Letter to Commission (LTC) No. 352-2016, appointed an Evaluation Committee (the "Committee") consisting of the following individuals; • Monica Beltran, Assistant Director, Parking Department, City of Miami Beach • Mario Courtney, Senior Managing Director, Goldman Properties • Steven Hurwitz, Partner, Continental Real Estate Companies • Scott Robins, Chief Executive Officer, Scott Robins Companies • Gisela Torres, Attorney, City Attorney's Office, City of Miami Beach The following individuals were appointed as alternates: • Manny Marquez, Assistant Director, Finance Department, City of Miami Beach • Maria Ruiz, Director, Housing and Community Services, City of Miami Beach • Vanessa Williams, Assistant Director, Tourism, Culture, Economic Development WHEREAS, on September 21, 2016, the Committee comprised of Steven Hurwitz, Scott Robins, Gisela Torres and Vanessa Williams, convened to consider the proposals received; and WHEREAS, the Committee was provided an overview of the project, information relative to the City's Cone of Silence Ordinance and the Government Sunshine Law, general information on the scope of services, and a copy of each proposal; and WHEREAS, the Committee was instructed to score and rank each proposal pursuant to the evaluation criteria established in the RFQ; and WHEREAS, the Committee's ranking was as follows: Koniver Stern Group as first ranked, CBRE, Inc. as second ranked; and WHEREAS, the City Manager considered all of the responsive submissions and the results of the Evaluation Committee process; and WHEREAS, the City Manager finds that based on the Koniver Stern Group's and CBRE, Inc.'s extensive experience in providing a broad spectrum of real estate related services, including, but not limited to, portfolio management, facilities management, strategic planning, transaction management and project development, that the award of a contract to each firm will benefit the City; and WHEREAS, the City Manager further recommends award of a contract to both proposers, Koniver Stern Group and CBRE, Inc., to establish a pool of real estate brokerage providers that will provide the City with greater options in selecting the providers best suited for each particular transaction; and WHEREAS, after reviewing all the submissions and the results of the evaluation process, the City Manager recommends that the Mayor and City Commission approve the resolution authorizing the Administration to enter into negotiations with CBRE, Inc. and the Koniver Sterns Group, with any final agreement with each proposer subject to the prior approval of the Mayor and City Commission. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby accept the recommendation of the City Manager pertaining to Request for Qualifications No. 2016-152-WG (the RFQ), Real Estate Brokerage Services; authorize the Administration to enter into negotiations for an Agreement with each of the proposers, CBRE, Inc. and the Koniver Stern Group; and further providing that any final Agreement with each of the firms shall be subject to prior approval of the Mayor and City Commission. PASSED AND ADOPTED this I day of P1QrCk.-. 2017 % l� Philip Levi, •yor ATTEST: / / 3 ,<f Raf--I E. Granado, City Clerk T:\AGENDA\2016\October\Procurement\RFQ 2016-152-WG Real Estate Brokerage Services\RFQ-2016-152-WG- / APPROVED AS TO FORM &LANGUAGE &FOR EXECUTION City Attorney Date Resolutions - R7 S MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: March 1, 2017 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE CITY MANAGER, PURSUANT TO REQUEST FOR QUALIFICATIONS (RFQ) NO. 2016- 152-WG FOR REAL ESTATE BROKERAGE SERVICES; AUTHORIZING THE ADMINISTRATION TO ENTER INTO NEGOTIATIONS FOR AN AGREEMENT WITH EACH OF THE PROPOSERS, CBRE, INC. AND THE KONIVER STERN GROUP; AND FURTHER PROVIDING THAT ANY FINAL AGREEMENT WITH EACH OF THE FIRMS SHALL BE SUBJECT TO PRIOR APPROVAL OF THE MAYOR AND CITY COMMISSION. RECOMMENDATION Adopt the Resolution. ANALYSIS The City is currently proceeding with the design and ultimately the construction of several multipurpose garage building projects starting around the Washington Avenue area. It is the intention of the City and the Administration to include ground floor retail, restaurant, and possibly office space with some or all of the developments. The City is desirous of contracting a broker before the initial phase of the developments to consult with on the design of the additional lease spaces to ensure industry standards are met and projects completed in the best position to lease the newly available spaces. Additionally, the City does not specialize in the marketing of real estate property and hiring a broker will ensure it maximizes its property rental revenue. RFQ PROCESS On July 8, 2016, the City Commission approved the issuance of Request for Qualifications (RFQ) No. RFQ 2016-152-WG for Real Estate Brokerage Services. On July 14, 2016, the RFQ was issued. A voluntary pre-proposal conference to provide information to the proposers submitting a response was held on July 27, 2016. RFQ responses were due and received on August 30, 2016. The City received a total of two (2) proposals. The City received proposals from the following firms: Koniver Stern Group and CBRE, Inc. On August 29, 2016, the City Manager appointed, via Letter to Commission (LTC) No. 352- 2016, an Evaluation Committee (the "Committee"), consisting of the following individuals: Page 814 of 1025 Monica Beltran,Assistant Director, Parking Department, City of Miami Beach • Mario Courtney, Senior Managing Director, Goldman Properties • Steven Hurwitz, Partner, Continental Real Estate Companies • Scott Robins, Chief Executive Officer, Scott Robins Companies • Gisela Torres,Attorney, City Attorney's Office, City of Miami Beach The following alternates were also appointed: • Manny Marquez, Assistant Director, Finance Department, City of Miami Beach • Maria Ruiz, Director, Housing and Community Services, City of Miami Beach Vanessa Williams,Assistant Director, Tourism, Culture, Economic Development, City of Miami Beach Ultimately, the Committee was composed of Steven Hurwitz, Scott Robins, Gisela Torres and Vanessa Williams because other members were unable to attend. The Committee convened on September 21, 2016 to consider the responsive proposals received. The Committee was provided an overview of the project, information relative to the City's Cone of Silence Ordinance and the Government Sunshine Law. The Committee was also provided with general information on the scope of services and a copy of each proposal. The Committee was instructed to score and rank each proposal pursuant to the evaluation criteria established in the RFQ. The evaluation process resulted in the ranking of proposers as indicated in Attachment A. CBRE, Inc. Founded in 1906, CBRE, Inc. has grown through mergers and acquisitions, as well as organically in order to form a truly global firm. They currently have 487 offices in over 60 countries and manage over 5.2 billion square feet of space globally, up from 462 offices and 3.7 billion square feet, respectively, 2 years ago. With revenue increasing 20% for the full year totaling $10.9 billion, CBRE, Inc.'s strong financial stability allows for investments in platform resources, particularly in technology and data analytics, training, and leadership. Koniver Stern Group Koniver Stem Group was formed over 24 years ago as a boutique, retail real estate leasing and consulting firm. Prior to its inception, its principals and associates had been responsible for almost one million square feet of retail leasing across the United States. Its largest leasing projects have been Florida, Georgia, Illinois and California. Its retail leasing product type has predominantly consisted of mixed-use and urban leasing. Koniver Stem Group has been at the forefront of the retail renaissance over the past 20 years in Miami Beach on the leasing side. The City Manager finds that based on the Koniver Stern Group's and CBRE, Inc.'s extensive experience in providing a broad spectrum of real estate related services, including, but not limited to, portfolio management, facilities management, strategic planning, transaction management and project development, that the award of a contract to each firm will benefit the City. The City Manager further recommends award of a contract to both proposers, Koniver Stern Group and CBRE, Inc., to establish a pool of real estate brokerage providers that will provide Page 815 of 1025 the City with greater options in selecting the providers best suited for each particular transaction. CONCLUSION After reviewing all the submissions and the results of the evaluation process, the City Manager recommends that the Mayor and City Commission approve the resolution authorizing the Administration to enter into negotiations with CBRE, Inc. and the Koniver Stern Group, with any final agreement with each proposer subject to the prior approval of the Mayor and City Commission. KEY INTENDED OUTCOMES SUPPORTED Improve Building/Development-Related Processes From Single Family Residences To The Large Development Projects FINANCIAL INFORMATION Commission-based real estate services cost, determined upon successful negotiations, are subject to funds availability approved through the City's budgeting process. All other real estate contractual services will be budgeted through account 011-0534-000312. Grant Funding will not be utilized for this project. Legislative Tracking Tourism, Culture and Economic Development/ Procurement ATTACHMENTS: Description D Attachment A Scoring Matrix D Resolution Page 816 of 1025 N e— S1V.O1 31b�J321JJv 1 . `U A A n1 0) C 2 N N C asW sWe!II!M esseuen 0) c 2 N Rf cL seaaol e�as!O o 0) C �— 2 N co SUigo 1IO3SILO o `o N- 0) in d Y N ,— m C a. ccs C[ zimiunH Uana1S o Cay���o�', ,nr, 0 ---:,,o�o�c '' -- -m��c O �ii3Ati� �o�,��„n„' 0 cs titoat%iii 3.. � V�\ ,,,, i C �A���,.4�'" ''.- ,1- Ldp /�� ' j� CO 0